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What are internal controls

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Reference no: EM1355761

1. What are internal controls?

2. Do all companies need them?

3. Why does a company need them?

4. Explain some common internal controls that a company might have in place. What are they designed to protect?

5. What are the reporting requirements regarding internal controls in the Sarbanes-Oxley Act?

Reference no: EM1355761

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